Table of Contents

Quasar Commands

Up: Ledger

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Chart of Accounts

List Table

• Account - The name of the account.
• Type - The type of account.

  • Bank - Identifies the account as a bank account.
  • Accounts Receivable - Identifies the account as being a receivable account. Receivable accounts are used for providing customers with a line of credit. Multiple receivable accounts may be defined. For example, you may wish to seperate regular receivables from government or comercial receivables.
  • Other Current Assets - Identifies the account as being a current asset other than a bank type account or a receivable type account. A prepaid bill is an example of a current asset.
  • Fixed Asset - Identifies the account as being a fixed asset. Fixed assets include such things a buildings and land.
  • Other Asset - Identifies the account as being an asset other than a current asset or a fixed asset.
  • Accounts Payable - Identifies the account as being a payable account. A payable account is used for the purchase of products. Multiple payable accounts may be defined.
  • Credit Card - Identifies the account as being a credit card account (for company credit cards).
  • Other Current Liability - Identifies the account as being a current liability other than a payable account or a credit card account. Federal tax payable is an example of a liability account.
  • Long Term Liability - Identifies the account as being a long term liability. A mortgage is an example of a long term liability.
  • Equity - Identifies the account as being an equity account. The share holder capital in a company.
  • Income - Identifies the account as being a standard income account. Sales accounts are all income account.
  • Cost of Goods Sold - Identifies the account as a cost of goods sold account. When a product is sold the inventory is reduced by the cost of the goods sold. The cost of goods sold accounts keep track of your total cost of sales.
  • Expense - Identifies the account as being a standard expense account. Expense accounts are for all expenses such a fuel, power, water, rent and staff costs.
  • Other Income - Identifies the account as being a non-standard income account.
  • Other Expense - Identifies the account as being a non-standard expense account.

• Balance - The current balance of the account.
• Inactive - The active state of the account.

Show Active

Toggle on or off. Toggle on to display both active and non-active accounts. Toggle off to display only active accounts.

New

Select this function to create a account.

Edit

Select this function to edit the high-lighted account.

Refresh

Clicking on refresh will refresh the data on the screen.

Print

Select this function to print the contents of the list to the printer.